02/01/2010
https://www.congress.gov...
"A hurricane approaches, knocks out the power. Somebody is in dire straits in their home, and they need to make a 911 call."
"Well, you have got a lot of educating to do, if it is anything like smoke detectors and the batteries in the smoke detectors."
"So the chained CPI would take it exactly the other way?"
"What makes Social Security great is that virtually every worker pays into it, but a worker has to hope that his employer offers a retirement plan."